The National Defense Authorization Act, (NDAA) became law on Jan. 1, 2021, after the U.S. Congress overrode a presidential veto. Division F of the Act is the "Anti-Money Laundering Act of 2020" (AMLA). This month's column highlights a few of the AMLA provisions that may be of interest to international banks.
Dealing with distress: business restructuring and rescue
Businesses in every sector and geography are having to transition to new ways of operating within a rapidly changing and increasingly uncertain legal and regulatory landscape.